Code of Virginia - Title 54.1 Professions And Occupations - Chapter 40 Pawnbrokers

  • 54.1-4000 Definition of pawnbroker
    "Pawnbroker" means any person who lends or advances money or other things for profit on the pledge and possession of tangible personal property, or other ...
  • 54.1-4001 License required; license authorized by court; building designated in license; penalty
    A. No person shall engage in the business of a pawnbroker without having a valid license issued by the county, city or town in which ...
  • 54.1-4002 Local limitations as to number of pawnshops
    A. In addition to all limitations and restrictions and notwithstanding any other relevant provisions of this chapter, the governing body of any county, city or ...
  • 54.1-4003 Bond required; private action on bond
    A. No person shall be licensed as a pawnbroker or engage in the business of a pawnbroker without having in existence a bond with surety ...
  • 54.1-4004 Memorandum to be given pledgor; fee; lost ticket charge
    Every pawnbroker shall at the time of each loan deliver to the person pawning or pledging anything, a memorandum or note, signed by him, containing ...
  • 54.1-4005 Sale of goods pawned
    No pawnbroker shall sell any pawn or pledge item until (i) it has been in his possession for the minimum term set forth in the ...
  • 54.1-4006 , 54.1-4007
    Repealed by Acts 1998, c. 848. ...
  • 54.1-4008 Interest chargeable
    A. No pawnbroker shall ask, demand or receive a greater rate of interest than ten percent per month on a loan of $25 or less, ...
  • 54.1-4009 Records to be kept; credentials of person pawning goods; fee; penalty
    A. Every pawnbroker shall keep at his place of business an accurate and legible record of each loan or transaction in the course of his ...
  • 54.1-4010 Daily reports
    Every pawnbroker shall prepare a daily report of all goods, articles or things pawned or pledged with him or sold to him that day and ...
  • 54.1-4011 Officers may examine records or property; warrantless search and seizure authorized
    Every pawnbroker and every employee of the pawnbroker shall admit to the pawnbroker's place of business during regular business hours, any duly authorized law-enforcement officer ...
  • 54.1-4012 Property pawned or purchased not to be disfigured or changed
    No property received on deposit or pledged or purchased by any pawnbroker shall be disfigured or its identity destroyed or affected in any manner (i) ...
  • 54.1-4013 Care of tangible personal property; evaluation fee
    A. Pawnbrokers shall store, care for and protect all of the tangible personal property in the pawnbroker's possession and protect the property from damage or ...
  • 54.1-4014 Penalties; violation of the Virginia Consumer Protection Act
    A. Except as otherwise provided in § 54.1-4001, any licensed pawnbroker who violates any of the provisions of this chapter shall be guilty of a ...

Last modified: April 3, 2009